What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders? total annual dividend = [?] Round to the nearest hundredth.

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asked Jun 11, 2022 107k views

1 vote

What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders?

total annual dividend = [?]
Round to the nearest hundredth.

Mathematics
high-school

Bartosz Milewski asked

by Bartosz Milewski

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1 Answer

3 votes

Answer:

20 dollars

Explanation:

.10 x 4 (each quareter) = .40

.40 x 50 = 20.00

= $20.00

Elliot Gorokhovsky answered Jun 17, 2022

by Elliot Gorokhovsky

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